Maersk confirmed yesterday that its IT systems are currently down due to a widespread cyber attack. The attack, similar to the recent "WannaCry" attack, targeted various firms, airports and government departments around the globe through the use of ransomware. Below are the most recent Maersk, port and terminal updates.
Determining the correct NMFC (National Motor Freight Classification) is critical to successfull shipping and controlling costs. The NMFC is used by carriers to categorize and identify freight to provide a rate to shippers. Are you aware of the upcoming NMFC changes which will take place in August?
This summer, Bill Goodgion, President of Ascent Global Logistics, will be a featured panelist on the 'What defines a logistics business in the 21st century?' discussion at the EFT (Eye For Transport) 8th Annual North American 3PL & Supply Chain Summit in Chicago.
In preparation for the event, Bill recently answered a series of questions relating to strategy, policy, the future, technology and various other topics. Check out the below excerpt from the exclusive interview with EFT.
Each July, Inbound Logistics publishes its Top 10 3PL Excellence Awards. This is the most definitive resource for the third-party and outsourced logistics market.
Regardless of how much industry experience you have, determining freight classification and staying in line with the National Motor Freight Traffic Association’s (NMFTA) rules, can be frustrating, especially if you get it wrong. However, determining your shipment’s freight class is a critical step to effectively managing your supply chain. Not only does class determine your hard cost, but it’s also a vital factor when it comes to dealing with possible claims or disputes.
Whether you’re new to the transportation industry or brushing up on your terminology, it can be challenging to understand freight related terms. Without insight into what the terms mean and how to apply them to your shipments, logistics can become frustrating – especially when the terms are related to charges. To better help you, the experts at Ascent came together to define shipping terms that we frequently receive questions about and expand on how these terms apply to you.